cr and doing the sums, page-5

Reiner

I reckon the CR will be fully placed with SI's.

Ramping up production in anticipation of expected sales is a chicken and egg exercise, a juggling act in terms of getting the timing right and not over-capitalising too soon. When I compare this process to another stock I am in (UNS - totally different product and scale and cost, but similar ramp-up in advance of sales), I am way more upbeat on the Cardia opportunity - looks like their timing is much closer to supply than UNS - granted the UNS scenario is far more complicated.

Time will tell.

GL to holders.